The crypto market is buzzing again, particularly around the projects Hyperliquid, PENGU, and Cold Wallet. Each showcases significant progress and investor interest.
Hyperliquid’s Burn Model Reaches New Heights
Hyperliquid continues to show rapid growth with over 300,000 active wallets and trading volume exceeding $11 billion this year. Its token system, which burns 100% of sequencer fees, creates real scarcity of HYP tokens as the platform scales.
PENGU Stays Steady at $0.035 Support
PENGU’s chart indicates that the $0.035 level is critically important. This support level has previously spurred significant rallies. The current token price is around $0.0386, and analysts believe maintaining this level is crucial for further gains.
Cold Wallet’s $270M Deal Sets a New Standard
Cold Wallet made a bold move securing a $270 million deal to acquire Plus Wallet, which boasts over 2 million users. This demonstrates the project’s ambition and growth during its early stages, instead of waiting for its token to launch.
The projects Hyperliquid, PENGU, and Cold Wallet illustrate different approaches to development in the crypto industry, capturing significant attention and interest from users and investors.